Three authorized persons named for determining materiality and making disclosures
Unitech Ltd has listed who will decide what counts as 'material' news and who will tell the stock exchanges.
By ScoutQuest · · 1 min read
- Materiality Determination Authority
- Sh. Giridhar Aramane (Chairman & Managing Director) and Sh. Ashok Kumar Yadav (Chief Executive Officer)
- Disclosure Authority
- Ms. Anuradha Mishra (Company Secretary)
- Regulation Cited
- Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The company has informed the stock exchanges of the officials who are authorised to decide what counts as material information and to disclose it.
Who is authorised
- Sh. Giridhar Aramane, Chairman & Managing Director, is authorised to determine materiality of an event or information.
- Sh. Ashok Kumar Yadav, Chief Executive Officer, is also authorised to determine materiality of an event or information.
- Ms. Anuradha Mishra, Company Secretary, is authorised to make disclosures to the stock exchanges.
Why this update exists
The disclosure is made under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires a listed company to tell the exchanges which officials are responsible for deciding whether an event or information is material, and which officials will communicate it to the exchanges.
The company says this follows recent changes in its directorate or management. In simple terms, the names and roles attached to these two responsibilities have been formally restated to the exchanges.
What a reader can take away
This is an administrative update about who is answerable for the flow of information from the company to the market. It also states that the same information has been made available on the company's website.
Nothing in this update changes the company's financials or business operations. It sets out responsibilities and contact points, not results or transactions.
Also from Unitech
Board approves two-year extension of CEO tenure
22 Oct 2026
Board approves extension of CEO Ashok Kumar Yadav's tenure by two years from February 2027
22 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.